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Start 2022 With a SWOT Analysis

One of the components that typically goes in a business plan is a SWOT analysis. Whether or not you’re in the process of creating a business plan, a SWOT analysis can be a beneficial tool to assess your business or organization. So, what exactly is a SWOT analysis? SWOT stands for strengths, weaknesses, opportunities and threats. In a business plan, they are usually formatted as simple bullet points under each of these four prongs.

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